Food Security; Crop Insurance; SURE; Animal Agriculture; Nutrition; Food Safety; Trade; Biofuels; and Political Notes
Jonathan Birchall reported yesterday at the Financial Times Online that, “Tom Vilsack, the US secretary of agriculture, has played down recent increases in the price of wheat, corn and other food commodities, saying the world is not on the brink of a rerun of the recent food supply crisis.
“Mr Vilsack said food stocks were at higher levels than during the 2007-08 food crisis, which saw record prices for agricultural commodities and food riots in emerging countries. He added that market prices did not reflect real scarcities and would stabilise.
“He said the spike in wheat prices in August, which followed a Russian export ban prompted by the impact of drought on its farmers, was already in decline.”